Boeing’s Board Shakeup Gains Steam as Two More Directors Retire
This article is for subscribers only.
Boeing Co.’s board drew criticism for being ineffective, with accountants outnumbering engineers, when the planemaker botched its response to two fatal crashes of its 737 Max jetliner. Now the council is in the middle of wholesale makeover.
Two longtime board directors are stepping down when their terms expire in April, the company said in a statement Wednesday. Former Medtronic Chief Executive Officer Arthur Collins Jr., is leaving after a 14-year stint, along with former U.S. Trade Representative Susan Schwab, who has been a director since 2010.